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Foschini Group (JSE:TFG) Cyclically Adjusted PS Ratio : 0.81 (As of May. 22, 2024)


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What is Foschini Group Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Foschini Group's current share price is R107.01. Foschini Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was R132.67. Foschini Group's Cyclically Adjusted PS Ratio for today is 0.81.

The historical rank and industry rank for Foschini Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

JSE:TFG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.84   Max: 3.29
Current: 0.8

During the past 13 years, Foschini Group's highest Cyclically Adjusted PS Ratio was 3.29. The lowest was 0.55. And the median was 1.84.

JSE:TFG's Cyclically Adjusted PS Ratio is ranked worse than
62.52% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs JSE:TFG: 0.80

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Foschini Group's adjusted revenue per share data of for the fiscal year that ended in Mar23 was R159.172. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R132.67 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Foschini Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Foschini Group's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Foschini Group Cyclically Adjusted PS Ratio Chart

Foschini Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 0.60 1.17 1.26 0.69

Foschini Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.26 - 0.69 -

Competitive Comparison of Foschini Group's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Foschini Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Foschini Group's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foschini Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Foschini Group's Cyclically Adjusted PS Ratio falls into.



Foschini Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Foschini Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=107.01/132.67
=0.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Foschini Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Foschini Group's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=159.172/147.5864*147.5864
=159.172

Current CPI (Mar23) = 147.5864.

Foschini Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 59.804 94.723 93.180
201503 68.393 98.538 102.437
201603 88.520 104.969 124.459
201703 96.386 111.400 127.696
201803 110.028 115.542 140.543
201903 128.103 120.774 156.543
202003 133.188 125.679 156.404
202103 108.274 129.628 123.275
202203 133.353 137.594 143.037
202303 159.172 147.586 159.172

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Foschini Group  (JSE:TFG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Foschini Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Foschini Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Foschini Group (JSE:TFG) Business Description

Traded in Other Exchanges
Address
340 Voortrekker Road, Stanley Lewis Centre, Parow East, Cape Town, WC, ZAF, 7500
Foschini Group Ltd is a South African fashion retailer. The company offers ladieswear, footwear, accessories, cosmetics and fragrances, kidswear, homewares, sportswear, cellular and jewelry mainly in South Africa, as well as financial services. The Foschini Group portfolio consists of multiple brands, including @home, @homelivingpace, American Swiss, Sterns, Charles and Keith, Colette, DonnaClaire, Phase Eight, Soda Bloc, Duesouth, Exact, Fabiani, The Fix, Foschini, G-star Raw, hi, Markham, Mat and May, and Whistles. The Group consists of four operating segments: TFG Africa retail division, TFG London, TFG Australia, and Credit.

Foschini Group (JSE:TFG) Headlines